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more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to the principle compromise so we have a sustainable debt to g.d.p. ratio so our economy grows. that is what the compromise should the have to do and tax reform and entitlements and raising marginal tax rates. >> heather: do you think compromise is in progress in terms of the meeting today? >> any time the parties are talking face to face and not picking up the phone and having short conversations is a good thing. occasionally a deal gets done. we've been down this road before. boehner thought he had a deal with the president and president tho
more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to...
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what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there's wiggle room by democrats to come up with a solution. >> that's true. that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut medicare. this will come down to whoever blinks first on tax rates. republicans are going to bend on tax rates. maybe not $250,000 threshold, maybe closer to a million. but until that happens we won't see progress but obama will have to deal with problems on his left. he has to put entitlement reform, maybe raising the age of medicare down the road. >> when we look towards the beginning of the year and inauguration and seating of new congressional members, you'll have about 90 new folks that have been elected to get involved in this. is there
what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there's wiggle room by democrats to come up with a solution. >> that's true. that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut...
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and but speaker boehner hasn't said that. and so we democrats realize that there has to be two sides of the bargain but we're not going back to 2011, putting revenues and cuts on the table and ended up with the cuts because the other side didn't accept the revenue. >> speaker boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fict
and but speaker boehner hasn't said that. and so we democrats realize that there has to be two sides of the bargain but we're not going back to 2011, putting revenues and cuts on the table and ended up with the cuts because the other side didn't accept the revenue. >> speaker boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his...
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Dec 8, 2012
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speaker boehner said we have the request and we will view it they need to make sure they don't spend too much money they don't should saying it is our responsible to make sure they are giting the most . that i can sure they are times and targeted. governors of new york and jers. asked for it 79.billion and this is well short of governors and senators are thankful for the money and senators say it is it a tough fight in the congress given the fiscal cliff . members are not friendly to disaster relief. but the care has given a good head start. president obama signed an executive ordering the tax force . it will be shared by the secretary of housing and urban. >> and tough words from mike huckabee. when it comes to the bible. american is ignorant. >> news anchors and enterstain tainers who think they understand. they will have weird ideas about what the and. he goes on to say there is it a lack of understanding about who jesus is. is america bib biblically ignorant. i will read thos responses later in the hour. >> the economic forecast remains challenging . we'll see more unemployment l
speaker boehner said we have the request and we will view it they need to make sure they don't spend too much money they don't should saying it is our responsible to make sure they are giting the most . that i can sure they are times and targeted. governors of new york and jers. asked for it 79.billion and this is well short of governors and senators are thankful for the money and senators say it is it a tough fight in the congress given the fiscal cliff . members are not friendly to disaster...
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Dec 9, 2012
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but house speaker and john boehner have not sat down for negotiations. even though corker is saying there is growing sentiment to accept the president's tax rate on the wealthy, many republican, of course, still adamantly opposed to any tax hike. they could give the peeker a very tough time in the house if that were the ultimate compromise. the president continues to insist there is no deal without that tax hike on the wealthy. he said yesterday, he's willing to work with republicans on a comprehensive plan. all they need to do is to sit down and hammer that out. so far, that hasn't happened. we are all waiting. >> 23 days to we will see if they do that. some are asking exactly how bad will the automatic tax increases and spending cuts actually be? this morning, democratic senator charles schumer said it would be terrible. others predict tell actually be what this nation needs to begin to rein in government spending. will it? joining us is a former republican campaign manager and aide to the g.o.p. leadership. welcome. if this kicks in, in 23 days, will
but house speaker and john boehner have not sat down for negotiations. even though corker is saying there is growing sentiment to accept the president's tax rate on the wealthy, many republican, of course, still adamantly opposed to any tax hike. they could give the peeker a very tough time in the house if that were the ultimate compromise. the president continues to insist there is no deal without that tax hike on the wealthy. he said yesterday, he's willing to work with republicans on a...
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., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the victims of this storm are getting the most of every single recovery dollar, and to ensure that the disaster funds are timed and targeted in the most efficient and appropriate manner. the democratic senator from new york has acknowledged now that this is going to be a tough fight in the congress given the fiscal cliff and some members have not been friendly to disaster relief, but the care with which the package has been put together has given us a good head start. that's a quote from the senators of new york and new jersey, all democrats and we still don't know how much the federal government is ultimately going to write a check for, areas hit by hurricane katrina back in 2005, received a total of more than 120 billion dollars in federal aid when all was said and done, kelly. >> peter doocy, we thank you
., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the victims of this storm are getting the most of every single recovery dollar, and to ensure that the disaster funds are timed and targeted in the most efficient and appropriate manner. the democratic senator...
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couple days later in an interview he said, i'll wash john boehner's car and walk mitch mcconnell's dog to get a deal done. at this point, does it seem like empty promises? >> we don't know yet. certainly the type of negotiation would you expect is not happening. both sides have put out deals that were rejected from the other side. so we don't know where this is going, perhaps speaker boehner and the president have a secret deal they will put out in the last minute. >> gregg: the president repeatedly told campaign audiences that we have to combine spending cuts with any revenue. then he comes out with his plan and actually proposes tens of billions in new stimulus and net increase in spending. as consequence, are there folks on the hill that are convinced this is evidence that she not interested in finding a two-party solution? >> not only that. you have the republican plan that they put out on the table which basically based oner skin bowls suggestion. he was the chief of o staff to president clinton. so it's not just a right wing proposition it was a balanced proposition coming from a
couple days later in an interview he said, i'll wash john boehner's car and walk mitch mcconnell's dog to get a deal done. at this point, does it seem like empty promises? >> we don't know yet. certainly the type of negotiation would you expect is not happening. both sides have put out deals that were rejected from the other side. so we don't know where this is going, perhaps speaker boehner and the president have a secret deal they will put out in the last minute. >> gregg: the...